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Goldiam International’s arm enhancing lab-grown diamonds capacity by 40%

04 Feb 2022 Evaluate

Goldiam International’s subsidiary company -- Eco-Friendly Diamonds is enhancing lab-grown diamonds capacity by 40% by adding new machineries worth of approximately Rs 10 crore. Further commercial production of the enhanced capacity will commence from the month of April 2022.

The company has increasingly utilized diamonds grown by this unit in own jewellery production and successfully started placing the same with customers, resulting in superior overall EBITDA margins for that segment.

Goldiam International is into the business of manufacturing and exporting Jewellery. The company’s product line consists of varieties of designs, in Rings, Ear rings, pendants etc.

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